New York Dock Building
160 Imlay Street, Brooklyn, NY 11231
Overview
- Units
- 70 residential · 12 commercial
- Subway
- 18 min walk to Smith-9 Sts F GCarroll St F G, 21 min
- Developer
- Est4te Four Real Estate Pledge Fund L.P.
- Principals
- Massimiliano Senise
- Offering price
- $194.1 million total $158.7 million when first offered
- Floor plans
- Page 56 of the plan
The sponsor of record is Red Hook 160 LLC, represented by Ganfer Shore Leeds & Zauderer, LLP. The offering plan runs 546 pages. The sponsor has filed 24 amendments, the latest in April 2023. The nearest other condo plan on file is 128 Pioneer Street Condominium, 0.2 mi away.
Plan CD130114 · New · accepted May 9, 2014 · AG record ↗
Compare
| Figure | This building1 | Boerum2128 units · 1.3 miaccepted 2014 | Pierhouse3122 units · 1.6 miaccepted 2014 |
|---|---|---|---|
| Average Offering PricePer Apartment | $2.27MIn line | $1.97M | $3.67M |
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Unit mix, closings, budgets, finishes and the team, against Boerum and Pierhouse, cited to the offering plans. No credit card required.
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- Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
- Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
- Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
- Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.
Budget
From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size
Team
- Sponsor
- Red Hook 160 LLC
- Developer
- Est4te Four Real Estate Pledge Fund L.P.
- Principals
- Massimiliano Senise
- Tax estimate
- Podell, Schwartz, Schechter & Banfield, LLPPrepared the first-year real estate tax projection
- Construction lender
- Intesa SanpaoloLender on the mortgage and building loan agreement recorded July 2014 in ACRIS; $50 million recorded
From our research: Do NYC Developers Rehire the Same Firms?
Nearby
- 128 Pioneer Street Condominium0.2 mi · 3 units · 2 parking · 2003
- 108 King St Condominium0.2 mi · 2 units · 2022
- 96 King Street Condominium0.2 mi · 3 units · 3 parking · 2022
- Van Brunt Condominium0.3 mi · 10 units · 2019
- 41 Summit Street Condominium0.3 mi · 3 units
- 49,51 & 53 Summit Street Condominium0.3 mi · 9 units · 5 parking · 2012